Lapco Holdings Limited provided earnings guidance for the nine months ended September 30, 2017. For the period, the company is expected to record a loss attributable to owners of the company as compared to the profit for the corresponding period in 2016. Based on the information currently available to the Board, such expected loss is mainly attributable to the non-recurring expenses incurred by the Group in relation to the listing of the shares of the company on GEM as disclosed in the prospectus dated 30 June 2017; a decrease of approximately 5% in the group's revenue for the nine months ended September 30, 2017 as compared to that for the corresponding period in 2016 as certain cleaning services contracts expired and new street cleaning service contracts have not yet commenced; an increase of approximately 25.5% in the Group's administrative expenses for the nine months ended 30 September 2017 as compared to the same period of 2016 because of higher post-listing legal expenses and higher staff costs due to additional headcounts.